Quote:
Originally Posted by strat61caster
Depends on how you define investment, if it's a thing you expect to make money on the hell no is a car an investment. If it's a tool you expect to use daily and bring pleasure and quality of life to you than this car can be a great investment.
Well I guess you could still call the latter a toy but not many people commute in a toy.
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I think even then it's referred to as a capital expenditure because it's a depreciating asset.